Which of the following is NOT an actuarial service?

The choice that represents an option that is not an actuarial service is conducting employee surveys. Actuarial services primarily focus on the analysis of financial risks using mathematics, statistics, and financial theory, particularly in the context of insurance and pension plans. Calculating the effect of benefit changes involves assessing how changes to benefits influence financial outcomes, which is a core actuarial function.

Similarly, providing information for Governmental Accounting Standards Board (GASB) reporting requirements necessitates actuarial expertise. Actuaries ensure that the reported data accurately reflects the risks and obligations associated with pension and benefit plans. Additionally, studying risk through modeling and projections directly aligns with actuarial work, as it involves evaluating uncertainties and potential future scenarios regarding financial outcomes.

In contrast, conducting employee surveys is typically a human resources or organizational development function aimed at gathering employee feedback and insights. While such surveys can inform decisions about benefits, they do not involve the specialized financial analysis or risk assessment characteristic of actuarial services. Thus, this option correctly identifies something outside the scope of traditional actuarial functions.